WEBVTT ACTION NEWS EIGHT.CHRISTOPHER: GOOD EVENING.I'M CHRISTOPHER SALAS.THANK YOU FOR JOINING USTONIGHT.WE BEGIN TONIGHT THE HOUSINGMARKET HEATING UP IN MARINA.ONE NEW COMMUNITY ON THE FORMERFORT ORD, IS BOASTING ROBUSTSALES IN ITS FIRST FEW MONTHS.WITH A LARGE PORTION OF THEIRBUYERS COMING FROM ONE AREA INPARTICULAR.ACTION NEWS REPORTER SIERRASTARKS IS LIVE IN MARINA WITHMORE.>> HERE AT SEA HAVEN, OFF OFIMJIN ROAD, ON ANY GIVEN DAY,THE SALES REPS SEE BETWEEN 80AND 100 PEOPLE COMING TO CHECKOUT THESE HOMES.AND WHEN IT COMES TO BUYERS, 51%ARE COMING FROM THE BAY AREA.DEAN AND JULIE HIDALGO ARE INTHE PROCESS OF MOVING TO MARINA.>> WE PUT OUT HOUSE IN SAN JOSEUP ON THE MARKET AND IT JUSTCLOSED ON OCTOBER 12.>> THE CITY OF MARINA IS IN THEMIDST OF A HOUSING BOOM, THANKSTO NEW DEVELOPMENTS IN THE AREA,THE NEWEST OF WHICH IS SEAHAVEN.>> THEY HAVE BEEN BUILDING OVER1000 HOMES IN THE COMMUNITY.>> FIFTY HOMES HAVE BEEN SOLDHERE, SINCE SALES BEGAN IN JUNE,HALF OF THOSE BUYERS ARE COMINGFROM THE SILICON VALLEY AREA.>> MOST ALL OF THEM ARE COMINGFROM THAT WHOLE SAN JOSE, SANTACLARA FREMONT, MILPEDAS, THE-- MILPITAS.>> THE HIDLAGOS SAY IT'S GETTINGCROWDED AND PRICEY IN SAN JOSE.>> PRICES WILL CONTINUE TO GOUP.WE GOT 5 OFFERS ALL OVER ASKINGWHERE THE SALE PRICE ACTUALLYBROKE A RECORD FOR THATPARTICULAR FLOORPLAN IN OURNEIGHBORHOOD.>> BUT HERE IN MARINA, THEY CANGET MORE BANG FOR THEIR BUCK.HOMES AT SEA HAVEN START AT700,000, IT GETS YOU 5,000SQUARE FEET.>> WHAT WOULD THAT GET YOU WHEREYOU CAME FROM?>> OH IN SAN JOSE?A TOWNHOME, REALLY.>> SO, THE APPEAL IS THERE, ANDTHE GROWTH IS COMING, THE CITYEXPECTS THE POPULATION IN MARINATO INCREASE TO AS MANY AS 40,000BY 2020.BUT THE HIDALGOS SAY THEY'RE NOTWORRIED ABOUT GROWING PAINS.>> COMING FROM SAN JOSE AND THEPOPULATION DENSITY THERE ISSTILL RELATIVELY SPEAKING A LOTHIGHER THAN THIS WILL BE BY 2020SO FROM THAT PERSPECTIVE IM NOTTOO WORRIED ABOUT THAT >> ABOUT 40% OF THE BUYERS HEREHAVE BEEN LOCAL, COMING FROM THEMONTEREY BAYYOU COULD SEE THIS TREND WITHTHEY AREA FOLKS FLOCKING TOMARINA CONTINUE.THE HIDALGOS TOLD ME THEY'VEBEEN TELLING ALL THEIR FRIENDSABOUT MARINA.CHRISTOPHER: ANOTHER NEWDEVELOPMENT IN MARINA, IS THEDUNES OF MONTEREY BAY OFF OFIMJIN PARKWAY.THEY SAY THEY'RE SEEING ASIMILAR TREND THERE, WITH ALARGER PORTION OF THEIR BUYERS